Hi, explanation is practical and well. But pls check explanation given to performance materiality, i thing the explanation given for performance materiality is related to specific materiality
Specific materiality is different. We assess specific materiality if there is one or more particular classes of transactions, account balances or disclosures for which misstatements of lesser amounts than materiality for the financial statements as a whole could reasonably be expected to influence the users of the financial statements. Specific materiality focuses on the qualitative nature, as well as the size, of an item. It recognises that, in some circumstances, it may take a much smaller misstatement to influence the user of the financial statements. Example: We are required to provide an opinion as to whether the audited part of the Remuneration and Staff Report has been properly prepared. Given the sensitivity of the disclosures made in the Remuneration and Staff Report, we have assessed a specific materiality for this work at Rs. 1,00,000.
No1 Audit Faculty In India: Sheikh Mahamood Sir 🙇🏻
1:26:02 SA 450
1:05:18- SA-320 materiality
When will be part 2 revision marathon sir
Please provide charts pdf for sa260,sa265,sa450 in your app
Great revision series. Most most most useful. Thank u so much sir🙏💚
Waiting for marathon part 2 sir
Thank you sir... Really it is helpful to revise the entire concept.
Sir please provide charts regarding sa 260 , sa 265 and sa 450
Love you from Guntur Sir ❤
Legendary faculty in audit
2:23
22:50 dagara vunna info me material lo vundha preliminary engagement activities
Check the supplementary material
@@camahamoodshaik6711 sir adi printout teskodaniki possible
@@camahamoodshaik6711 nenu material purchase chesa but naku supplementary material raledhu
@@mydreamvillage3456 supplementary material is hardly 10 pages. You can download it from our app or website.
Please provide charts pdf regarding sa 260,sa265,sa 450
1:05:13
Sir, where can we download the material?
In Fingains app.
@@charannallagatla7883 Charts used by sir for SA 450 is not available in app
1:26:02 sa 450
41:18 objectives and strategies
Hi, explanation is practical and well. But pls check explanation given to performance materiality, i thing the explanation given for performance materiality is related to specific materiality
Specific materiality is different.
We assess specific materiality if there is one or more particular classes of transactions, account balances or disclosures for which misstatements of lesser amounts than materiality for the financial statements as a whole could reasonably be expected to influence the users of the financial statements. Specific materiality focuses on the qualitative nature, as well as the size, of an item. It recognises that, in some circumstances, it may take a much smaller misstatement to influence the user of the financial statements.
Example: We are required to provide an opinion as to whether the audited part of the Remuneration and Staff Report has been properly prepared. Given the sensitivity of the disclosures made in the Remuneration and Staff Report, we have assessed a specific materiality for this work at Rs. 1,00,000.
🙏🏻@@camahamoodshaik6711
Thank you sir
55:30
Da dda da dda😢😢😢
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